Friday, March 19, 2010

Natural Gas Rates Increase


Union Gas Customers in Fort Frances and northwestern Ontario can expect to pay more for natural gas next month.

Vanda Wall of the Ontario Energy Board says Union Gas has been given approval to raise rates effective April 1.

"Union forecast an an increase to the price of natural gas in the next quarter," says Wall, "and there was also a price gas adjustment. What that is, is the difference between what Union forecast it was going to pay in the last quarter and what it actually paid. The total result is an annual increase of about $134.00 for customers in the Fort Frances rate zone."

There is also a slight change in the transportation costs.